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4.3.1 Measures of development

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Question 4

Explain why comparing the development of emerging economies using GNI per capita at market exchange rates, rather than Purchasing Power Parity (PPP) exchange rates, can lead to an underestimation of the actual living standards in these nations.

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4.3.1 Measures of development Questions

  1. A Level
  2. /Economics
  3. /4.3.1 Measures of development